BUILDING A TEAM

A STRONG MANAGEMENT TEAM

An ideal management team has relevant experience and domain expertise. They understand industry dynamics, are coachable, and are fully committed to the business. Teams should have a focused plan and should be able to demonstrate that they have the ability to execute. Management teams should utilize pro forma financial statements to set realistic goals and benchmarks, and they display a history of achieving projections and obtaining critical milestones. We would like to see that they are realistic about their company's critical risks and valuation. If the team is incomplete, it should recognize who is needed to complement their knowledge, skills, and abilities.